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The construction industry in Greece is expected to value just under US$17 billion by 2018

Date: 06-Jun-2014

RnR Market Research

Construction in Greece key trends and opportunities – Research Report identifies that the construction industry in Greece is expected to record a CAGR of 0.02%. By purchasing this report you will secure a proper understanding of trends and market opportunities in the construction industry in Greece, which will enable you to amend your business plans accordingly to allow maximum sales. You will gain an understanding of the key factors driving the construction industry in Greece, enabling you to identify the growth opportunities and market dynamics.

The difference:

Confidently update your strategic business decisions by using historical and forecast valuations of the construction industry in Greece using construction output and value-add methods.

Analyze the profiles of the leading operators in Greece’s construction industry, to gain the upper hand over competitors.

Gain a critical insight into the impact of industry trends and issues, and the risks and opportunities they present, to better position your business for future growth.

Additional report highlights:

Over the forecast period, the market will be supported by investment in the leisure and hospitality category, as a result of government efforts to promote tourism. Factors such as declining disposable income, rising unemployment and austerity measures will negatively impact growth. The market is expected to record a forecast-period CAGR of 0.32%, and value just over US$3 billion in 2018.

Employers reduced jobs and salaries in line with austerity measures, forcing companies to downsize and release unused office space in the market, resulting in reduced rents. The government predicts an economic growth of 0.6% in 2014, but the total office market is likely to need longer to recover. The category is expected to value just over US$1 billion by 2018.

The investment in retail buildings is likely to be impacted by reduced consumption spending, due to weak labor market conditions. Over the forecast period, the category is expected to register a CAGR of 0.01%, to value just under US$817 million in 2018.